English Housing Survey shows home ownership is the lowest level since 1985 with the private rental sector doubling since 2002.
Home buyer borrowing in London reduces 5% or £310 million in the final quarter of 2016 continuing the downward trend for the capital.
After years of falling rates the 10-year fixed rate mortgage costs are beginning to rise according to research from Moneyfacts.
The cost of a mortgage as a proportion of household income has reached an historic low although there is no increase in house purchase activity.
House prices in the UK are up over the year and remain stable as the number of sales completed have dropped by up to a third.
One in six families have been offered a smaller mortgage from a lender due to their childcare costs adding to parents stress and anxiety.
The Bank of England has reduced interest rates from 0.5% to 0.25% but will your mortgage benefit from the decrease?
Equity Release may involve a Lifetime Mortgage or a Home Reversion Scheme. To understand the features and risks, please ask for a personalised illustration. Equity Release may affect your entitlement to means tested state benefits and will impact on the size of your estate. For Equity Release London City Mortgages charge a fixed fee upon completion of £695. For Mortgages a fixed fee is charged on application. Typically this is from £295 up to £495 for the services selected.
Equity Release - Equity Released from your home will be secured against it. Mortgages – Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it. Think carefully before securing other debts against your home. The information contained in this website is subject to the UK regulatory regime and is therefore intended for consumers based in the UK.
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